Project Portfolio Management in the Public Sector: Benefits, Challenges, Best Practices and Gotchas
PROJECT PORTFOLIO MANAGEMENT IN THE PUBLIC SECTOR: Benefits, Challenges, Best Practices and Gotchas
As federal government programs have dramatically increased in number and complexity, more agencies have turned to project portfolio management (PPM) to help manage costs, meet timelines and deliver positive outcomes. But implementing and optimizing a PPM solution is a challenging endeavor, especially in a huge, multi-dimensional market segment such as the federal government.
This helpful white paper provides an overview of the key things federal agency officials need to know about PPM, as well as best practices to follow and pitfalls to avoid with PPM implementation. Read on to learn how you can leverage PPM to achieve:
- Operational excellence
- Risk mitigation
- Financial discipline